Ticketmaster and Live Nation were not supposed to create a monopoly. Here's why music fans, lawmakers, and Taylor Swift are fed up with the ticketing platforms.

The article examines the monopolistic practices of Live Nation (LN) and Ticketmaster in the live event ticketing market, highlighting issues such as predatory pricing, limited ticket availability, and consumer access problems. It notes that over 90% of tickets often do not reach the public, with many being controlled by secondary market sellers, which exacerbates the situation. The article discusses the significant price increases in ticket sales, with prices for top tours rising over 400% in the last two decades, and suggests potential solutions, including dynamic pricing and regulatory reforms to ensure fair competition in both primary and secondary markets. The author calls for legislative action to address these monopolistic behaviors and restore fairness to the ticketing industry. [Extracted from the article]